Crop Tour Forecasts Illinois Corn 15% Higher Than 2013 Harvest

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jesse Newman CORALVILLE, Iowa.--Illinois's corn crop is forecast to vastly outperform last year's harvest, according to an average of survey results collected in the state by scouts on an annual tour through the Midwest. In Illinois, corn yields were ...

Fed Debates Early Rate Hikes--Update

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jon Hilsenrath And Pedro Nicolaci da Costa Federal Reserve officials debated at their July policy meeting whether they might need to raise interest rates sooner than expected in light of a strengthening recovery, but they were restrained by lingering ...

HSBC China Flash PMI Falls to 3-Month Low in August --Update

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

BEIJING--Factory activity in China weakened in August to a three-month low according to a closely watched manufacturing index, undercutting momentum as the world's second-largest economy struggles to find its feet. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to ...

HSBC China Flash PMI Falls to 50.3 in August

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

BEIJING--A closely watched gauge of activity in China's manufacturing sector dropped to a three-month low in August, raising concerns about a still-fragile economic recovery. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to 50.3 in August, compared with a ...

Dollar Extends Gains Against Yen On Hawkish FOMC Minutes

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Alexander Martin The dollar extended its gains against the yen during Asian trading Thursday after the minutes of the latest meeting of the Federal Open Market Committee sounded a more hawkish tone. The greenback hit a new four-month high ...

HSBC China Flash PMI Falls to 50.3 in August

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

BEIJING--A closely watched gauge of activity in China's manufacturing sector dropped to a three-month low in August, raising concerns about a still-fragile economic recovery. The preliminary HSBC China Manufacturing Purchasing Managers Index fell to 50.3 in August, compared with a ...

Asian Shares Mixed, China Lower After Weak PMI Data

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

Asian stocks were mixed Thursday, with China lower after a weak report on Chinese manufacturing activity. The Hang Seng was down 0.6%, after HSBC reported that its flash China manufacturing Purchasing managers index for August fell to 50.3 from 51.7 ...

Fed Debates Early Rate Hikes--Update

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Jon Hilsenrath And Pedro Nicolaci da Costa Federal Reserve officials debated at their July policy meeting whether they might need to raise interest rates sooner than expected in light of a strengthening recovery, but they were restrained by lingering ...

Asian Shares Mixed; China Lower on Data

TODAY: Aug. 21, 2014 PUB DATE: Aug. 21, 2014

By Chao Deng Asian stocks were mixed Thursday, with China lower after a weak report on Chinese manufacturing activity. The Hang Seng was down 0.6%, after HSBC reported that its flash China manufacturing Purchasing managers index for August fell to ...

Dollar Hits Multi-Month Highs as US Econ Seen Improving

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Kosaku Narioka The dollar rose against other major currencies on Wednesday in Asia following strong U.S. housing data and as geopolitical tensions eased in Eastern Europe. The greenback hit a four-month high against the yen and the British pound ...

U.K. Manufacturers Expect Strong Growth Next Quarter - CBI

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Jon Sindreu LONDON--British manufacturers expect output to rebound in the next three months after a sluggish second quarter, despite weakness in exports, data from the Confederation of British Industry showed on Wednesday. Forty-two percent of manufacturers surveyed by the ...

Standard Chartered Arm to Buy 9.8% of Topaz Energy for $75 Million

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Nicolas Parasie DUBAI--Dubai-based Topaz Energy and Marine said Wednesday that Standard Chartered PLC's (2888.HK) private equity arm has acquired a 9.8% stake for $75 million to help fund the expansion plans of the offshore services company. Topaz said the ...

Malaysia July CPI +3.2% on Year; Slightly Below Expectations

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Jason Ng KUALA LUMPUR--Malaysia's consumer price index--the country's main gauge of inflation--rose 3.2% in July from a year earlier, mainly due to costlier food and non-alcoholic beverages and higher prices of non-food items, official data showed Wednesday. The index ...

Oil Prices Rise Ahead of Inventory Data

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Nicole Friedman Oil prices rose off multi-month lows Wednesday ahead of weekly data expected to show that crude-oil supplies fell last week. Light, sweet oil for September delivery traded up 79 cents, or 0.8%, to $95.27 a barrel on ...

Malaysia July CPI +3.2% on Year; Slightly Below Expectations -- Update

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Jason Ng Malaysia's consumer prices rose at a slower pace in July despite festive season during the month, clouding the prospects for another interest rate increase this year. The consumer-price index--the Southeast Asian country's main gauge of inflation--rose 3.2% ...

MARKET SNAPSHOT: Stocks Edge Up Ahead Of Fed Minutes; S&P Eyes Record

TODAY: Aug. 21, 2014 PUB DATE: Aug. 20, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks stepped slightly higher Wednesday afternoon, working for a third straight days of gains as investors waited for minutes from the Federal Reserve's last meeting. The S&P; 500(SPX) ...